Third Quarter 2012 Industry News Summary


Industry Newsmakers

Third Quarter 2012

The following is a corporate news roundup from the Optical Society (OSA).  This quarterly gathering of industry news is a complimentary service offered by the OSA PR team.  

For more information on these or other OSA corporate members making news, please contact Brielle Day at bday@osa.org or 202.416.1435.

Third Quarter 2012 Industry News Summary

The U.S. Congress may have spent most of the third quarter in recess, but OSA’s Corporate Associate Members were anything but idle. They spent the end of the summer setting records, advancing drug research, improving cars, and even lending a hand in space exploration.

Focus on Applications

In August all eyes at TASC Inc. turned toward Mars and NASA’s space rover Curiosity. A team of specialists from TASC worked with NASA on the project’s Independent Verification & Validation (IV&I) program, which helps ensure the project’s safety and mission-critical software was operating correctly.

Florida based Ocean Optics was also paying close attention to the Curiosity mission. The NASA Rover was equipped with three of the company’s HR2000 spectrometers that will be used to study rock and soil composition.

Optical networks company Infinera Corporation teamed up with Verizon to produce record breaking real-time polarization mode dispersion (PMD) performance. Their tests showed that Infinera’s 500 Gb/s photonic integrated circuits (PICs) could handle large PMD values, enabling higher communication rates.

Massachusetts-based Acacia Communications, Inc. has taken 100G truly global. The company’s 100G coherent module – AC100 – has now been successfully deployed in optical networks in every region of the globe. The AC100 allows data carriers to meet expanding bandwidth demand through 100G transmissions for long-haul and regional applications.

Business Partnerships and Agreements

Measurement company Agilent Technologies has teamed up with Molecular Discovery, Ltd. to develop faster methods for pharmaceutical researchers to identify and predict human drug metabolism. The companies will combine Agilent’s high-resolution liquid chromatography/mass spectrometry technology with Molecular Discovery’s detection and prediction software.
 
Californian electronic design automation company Synopsis, Inc. is collaborating w ith Renesas Electronics Corporation to develop system-level models and Virtualizer Development Kits (VDKs). These tools will be used to aid automotive engineers in their software development and systems testing throughout the supply chain.

Contracts, Awards and Accolades

Optikos Corporation celebrated their 30th anniversary in September. The founder – OSA Treasurer Stephen Fantone – started the company out of his home in 1982. Today, Optikos’ optical and electro-optical testing devices have contributed to the development of a broad range of products including cameras, toys, medical devices, and laboratory instruments.
 
Colorado’s Meadowlark Optics received a prestigious R&D 100 Award for a collaborative project with Lawrence Livermore National Laboratory. The project involved fine tuning the high-power lasers at the National Ignition Facility with a laser-adjusting liquid-crystal projection system called LEOPARD. Given out annually by R&D Magazine, the R&D 100 Awards recognize the top 100 technology products of the year.
 
Materion Barr Precision Optics was ranked 59th on Fortune magazine’s 2012 list of the 100 fastest-growing companies. To make the list, a company must be trading on a major U.S. stock exchange; report data in U.S. dollars; file quarterly reports with the SEC; have a minimum market capitalization of $250 million and a stock price of at least $5 on June 29, 2012, and have been trading continuously since June 30, 2009. Companies must have revenue and net income of at least $50 million and $10 million, respectively, for the four quarters ended on or before April 30, 2012, and they must have posted an annualized growth in revenue and earnings per share of at least 20 percent annually over the three years ended on or before April 30, 2012.